Net lending (+) / net borrowing (-) (% of GDP) in Armenia
Armenia: Net lending (+) / net borrowing (-) (% of GDP) was -3.6% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Armenia stood at -3.6%.
That represents a change of down 91.4% on the previous year and down 104.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Armenia peaked at -0.3% in 2006 and was at its lowest, -7.6%, in 2009.
That places Armenia 105th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) (% of GDP) in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | -0.8% | — |
| 2005 | -1.0% | +18.4% |
| 2006 | -0.3% | -70.1% |
| 2007 | -0.6% | +88.7% |
| 2008 | -0.5% | -4.3% |
| 2009 | -7.6% | +1300.4% |
| 2010 | -5.0% | -34.6% |
| 2011 | -2.8% | -44.4% |
| 2012 | -1.3% | -52.8% |
| 2013 | -1.6% | +20.2% |
| 2014 | -1.8% | +12.9% |
| 2015 | -4.7% | +165.5% |
| 2016 | -5.5% | +16.6% |
| 2017 | -4.1% | -26.0% |
| 2018 | -1.8% | -54.5% |
| 2019 | -0.5% | -71.1% |
| 2020 | -5.2% | +875.4% |
| 2021 | -4.4% | -14.9% |
| 2022 | -2.0% | -55.4% |
| 2023 | -1.9% | -4.2% |
| 2024 | -3.6% | +91.4% |
Armenia compared with similar countries
- Armenia's -3.6% is below the median for upper middle income countries, which is -2.1%, 1.7× the median. (47 countries reporting)
- Armenia's -3.6% is below the median for Europe & Central Asia, which is -1.5%, 2.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) (% of GDP) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1300.4% | -0.5% | -7.6% |
| 2020 | -875.4% | -0.5% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.8% | -7.6% | -0.3% | 6 |
| 2010s | -2.9% | -5.5% | -0.5% | 10 |
| 2020s | -3.4% | -5.2% | -1.9% | 5 |
Countries ranked near Armenia
More public sector data for Armenia
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in Armenia?
- Net lending (+) / net borrowing (-) in Armenia was -3.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Armenia?
- The highest recorded value was -0.3% in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in Armenia?
- The lowest recorded value was -7.6% in 2009.
- How does Armenia rank for net lending (+) / net borrowing (-)?
- Armenia ranks 105th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Armenia?
- Over the last ten years it is down 104.8%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.